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Rendering – 2012 Renault Logan

raju — Sat, 31 Jul 2010 04:06:51 +0000

With the current generation Logan sold off to Mahindra in India, Renault could look to bring the next generation car in the coming years. Their product plan is different after the Mahindra-Renault partnership took off in a weird direction. Renault, earlier this year, decided to bring products into India through their own dealer network, and [...]

Wall Street marks best month in a year in July

raju — Sat, 31 Jul 2010 04:06:41 +0000

US stocks closed little changed on Friday, but Wall Street wrapped up its best month in a year after the earnings season rounded the final turn with a group of strong results that offset the impact of poor economic data. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers [...]

Wall Street marks best month in a year in July

raju — Sat, 31 Jul 2010 04:06:36 +0000

Indian ADRs: MTNL up 5%, HDFC Bank, Tata Comm up

raju — Sat, 31 Jul 2010 04:06:34 +0000

Indian ADRs ended mixed yesterday. In the IT space Infosys was up 0.12% at $60.48, Wipro was up 1.87% at $13.6, while Patni was down 0.36% at $22.07 and Satyam was down 0.80% at $4.95. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to [...]

Tata Chem Q1 sales surge, PAT at Rs 151cr

raju — Sat, 31 Jul 2010 04:06:32 +0000

Tata Chemical has announced its first quarter results. The company’s Q1 net sales were up at Rs 1,425 crore versus Rs 1,393.6 crore, yearonyear, YoY. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this post Tweet This PostRelated PostsBank of [...]

UIDAI signs MoU with oil cos to curb fuel pilferage

raju — Sat, 31 Jul 2010 04:06:05 +0000

The government on Friday took the first step in linking the public distribution system with the ambitious unique identity project. CNBCTV18\’s Nayantara Rai reports on the oil marketing companies’ tieup with the UIDAI to check leakage and pilferage in subsidised cooking fuels. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share [...]

IRDA adopts noninterference policy in mediclaim dispute

raju — Sat, 31 Jul 2010 04:05:42 +0000

IRDA is adopting a noninterference policy in the dispute between insurance companies and hospitals over cashless facility in mediclaim policies. But even as policyholders are stuck in limbo, IRDA Chairman Hari Narayan defends his stance. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to [...]

Invested in nonlinear initiatives during downturn: Premji

raju — Sat, 31 Jul 2010 04:05:13 +0000

Over the last two years, Wipro has weathered a dramatic swing in business demand courtesy the recession in the US and now the uncertainty in Europe. In an exclusive interview to CNBC\’s Christine Tan, Wipro Chairman Azim Premji spoke on how the company has been able to weather the storm. Bookmark on Delicious Digg this [...]

RBI allows currency options trading for residents

raju — Sat, 31 Jul 2010 04:05:01 +0000

In order to increase the menu of hedging tools, the Reserve Bank of India and the Securities and Exchange Board of India have finally come out with the much awaited guidelines on currency options. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the [...]

RBI paper may not suggest guidelines on new bank licences

raju — Sat, 31 Jul 2010 04:04:34 +0000

The much awaited RBI discussion paper on new bank licences will be just that…a discussion paper. It won\’t suggest any guidelines on what should be the basis of the new licences, reports CNBCTV18’s Latha Venkatesh. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to [...]

Partners to invest $58m in Qualcomm India JV

raju — Sat, 31 Jul 2010 04:04:27 +0000

Qualcomm said on Friday Global Holding Corp and Tulip Telecomwould each invest USD 28.86 million for the 13% stake that each would take in its India broadband venture. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this post Tweet This [...]

Can Nifty hold 5350 support next week?

raju — Sat, 31 Jul 2010 04:04:24 +0000

It has been a down day at the markets which couldn\’t hold up in the face of earnings disappointments. Much of the selling pressure was seen in the last one hour of trade. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments [...]

Bank of India Q1 PAT seen down 20% to Rs 466.78 cr

raju — Sat, 31 Jul 2010 04:03:57 +0000

Bank of India is to declare its first quarter results. According to CNBCTV18’s Q1FY11 NII is seen up 17.68% from Rs 1300.6 crore to Rs 1530.58 crore. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this post Tweet This PostRelated [...]

V Vaidyanathan quits as MD CEO of ICICI Pru

raju — Sat, 31 Jul 2010 04:03:17 +0000

In yet another high profile exit from the ICICI group, V Vaidyanathan, Managing Director and Chief Executive Officer of ICICI Prudential Life Insurance has quit. He will be joining Kishore Biyani\’s Future Group. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments [...]

Put writing seen at 5300 Nifty, resistance at 5450

raju — Sat, 31 Jul 2010 04:02:57 +0000

Clearly you saw markets slipping in the last half an hour of trade. And the pressure points coming around that 5400, remember that there is a lot of resistance happening around 5450 and 5300. A lot of put writing is happening at 5300. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit [...]

Citi to join top underwriters in AIA IPO: Sources

raju — Sat, 31 Jul 2010 04:02:30 +0000

American International Group Inc is set to name Citigroup as the fourth joint global coordinator for the IPO of its Asian life insurance business, underscoring the seriousness with which AIG is pursuing the float. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the [...]

Bull of the day: Hindustan Construction

raju — Sat, 31 Jul 2010 04:02:22 +0000

Hindustan Construction Company (HCC) gained 3.80%, or Rs 4.90 closed at Rs 133.70. There were pending buy orders of 3,685 shares, with no sellers available. It has touched an intraday high of Rs 139.50 and an intraday low of Rs 126.80. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with [...]

ABB slips on profit booking

raju — Sat, 31 Jul 2010 04:02:16 +0000

ABB touched an intraday high of Rs 855.80 and an intraday low of Rs 808. At 14:05 hrs the share was quoting at Rs 814.20, down Rs 32.35, or 3.82%. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet about it Subscribe to the comments on this post [...]

Bharti Airtel top loser on Sensex

raju — Sat, 31 Jul 2010 04:02:14 +0000

At 13:59 hrs, Bharti Airtel was the top loser on the Sensex. It touched an intraday high of Rs 318 and an intraday low of Rs 305.25. The share was quoting at Rs 305.95, down Rs 11, or 3.47%. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit Share with Stumblers Tweet [...]

HCC board approves 1:1 bonus issue; stk rises 4.7%

raju — Sat, 31 Jul 2010 04:02:12 +0000

Hindustan Construction Company (HCC) board has approved 1:1 bonus share issue, reports CNBCTV18. It touched an intraday high of Rs 136 and an intraday low of Rs 126.80. At 12:06 hrs the share was quoting at Rs 134.90, up Rs 6.10, or 4.74%. Bookmark on Delicious Digg this post Recommend on Facebook share via Reddit [...]